This book is for owner managers and their finance people.
All businesses, whether large or small need to ensure they have the funding in place to survive and grow. In a large business, funding is often the remit of a treasury function. The role of treasury is to anticipate funding requirements and to obtain the funds needed from the most appropriate sources and under the best terms.
Funding can be obtained from shareholders, banks and other financial institutions. Equity funding comes from shareholders and the rest is borrowing of one sort or another. Getting the balance right between these different sources is important. Many previously viable businesses have gone bust by borrowing far too much and finding themselves unable to service the debt or interest when profits and cash flow come under pressure.
As well as having funds in place for the normal running of a business, they will also be needed when investing in new facilities or ventures. This requires an understanding of investment appraisal, pay back periods and other treasury techniques.
This book is grounded in practical examples and issues that come up in real companies. There are lots of financial theory books and books covering accountancy and finance, this isn’t one of those.
All businesses, whether large or small need to ensure they have the funding in place to survive and grow. In a large business, funding is often the remit of a treasury function. The role of treasury is to anticipate funding requirements and to obtain the funds needed from the most appropriate sources and under the best terms.
Funding can be obtained from shareholders, banks and other financial institutions. Equity funding comes from shareholders and the rest is borrowing of one sort or another. Getting the balance right between these different sources is important. Many previously viable businesses have gone bust by borrowing far too much and finding themselves unable to service the debt or interest when profits and cash flow come under pressure.
As well as having funds in place for the normal running of a business, they will also be needed when investing in new facilities or ventures. This requires an understanding of investment appraisal, pay back periods and other treasury techniques.
This book is grounded in practical examples and issues that come up in real companies. There are lots of financial theory books and books covering accountancy and finance, this isn’t one of those.
